Introduction

If you have never used a financial planner before, you may not understand how much it costs to use one, or how they calculate their fees. This blog outlines our approach – a fixed fee financial advice service, and compares it to the old model of paying percentage-based fees.

With the percentage based structure, the fees you pay for financial advice increase as the amount of money invested with the financial planning firm increases.

At Principled, we believe in a more transparent and client-friendly approach. We calculate our fees based on the complexity of managing our client’s finances, and in this blog post, we’ll delve into the reasons why opting for fixed fees for financial advice is a superior choice for individuals seeking sound financial planning.

Transparency and Predictability:

Fixed fees provide a clear and predictable structure, allowing clients to budget effectively for their financial planning needs. With percentage-based fees, the cost of services can fluctuate based on the performance of your investments, potentially leading to unexpected charges. In contrast, fixed fees eliminate uncertainties, fostering a transparent client-advisor relationship.

Alignment of Interests:

When financial advisors charge a percentage of assets under management (AUM), their remuneration is directly tied to the value of a client’s portfolio. This can create a conflict of interest, as advisors might be motivated to recommend strategies that boost the AUM, even if they may not be in the client’s best interest. Rather than encourage clients to live a fulfilling life, they could encourage clients to be tighter with their money, turning them into the “richest person in the graveyard”.

Fixed fees align the advisor’s focus with the client’s goals, ensuring unbiased recommendations without the temptation to prioritise asset growth over financial well-being.

No Punishment for Success:

Percentage-based fees can become a burden for clients whose portfolios experience significant growth. As the value of assets increases, so does the fee charged by the advisor. For example, if a client inherited some money and added it to their investments, they would suddenly be paying a bigger fee to their adviser, but the service that they continued to receive would likely be identical. Fixed fees, on the other hand, remain constant regardless of portfolio performance. This approach ensures that clients don’t feel penalized for achieving financial success and are more likely to stay on course with their long-term investment strategies.

Incentive for Efficiency:

Fixed fees encourage financial advisors to be more efficient in their service delivery. Rather than relying on the size of a client’s portfolio for compensation, advisors are motivated to streamline their processes and provide high-quality advice that adds tangible value to the client’s financial situation.

Better value for individuals and couples with more savings

With percentage based charges, the clients with more capital effectively subsidise those with less capital. The clients with lower capital pay much lower fees, despite often receiving a very similar service to those with more capital, and so the financial adviser relies on the higher capital clients to be profitable overall.

Fixed fee financial advice: more appropriate for a modern financial planning service

Modern financial planners do much more than simply manage investments for clients. In fact, many financial planners outsource the day to day investment management to discretionary fund managers.

We believe that we add much more value to our clients’ lives through diligent, holistic, financial planning. We facilitate difficult conversations, we help people form and understand their goals, and put in place suitable arrangements so that they can live fulfilling lives. Amongst many other facets of our service, we provide cashflow models, put in place protection arrangements where appropriate, advise on various forms of tax, help people get the most out of their cash savings, deal with annual and lifetime allowance matters, and undertake complex calculations on defined benefit pensions.

Charging for all of this by applying an arbitrary percentage, to a random value of investments that are under the adviser’s control is nonsensical to us. We believe that if you claim to be a modern holistic financial planner, you should set your fees in a modern and transparent manner, and not base it on the old commission model.

Conclusion:

At Principled, we firmly believe that a fixed fee financial advice service creates a client-adviser relationship built on trust, transparency, and shared goals. This approach not only provides predictability and fairness but also ensures that our clients receive unbiased, personalised advice that puts their financial well-being first. Choosing fixed fees over percentage-based fees is a step towards a more equitable and client-centric financial planning experience.

With our charging structure, we believe that if you are an individual or a couple with capital of around £400k, we are likely to be competitively priced compared to a percentage based adviser. Generally with fixed fees, the more capital you hold, the better value the fee structure becomes for you, to the point where you could be savings several thousands of pounds each year by moving away from a percentage based fee structure.

Whilst this post refers to the fees financial planners charge for providing an ongoing service, we’ve previously discussed initial fees for protection products. You can find this page here: Fee based protection services offered by Principled – Principled (principledfinancialservices.co.uk)

Photo by William Warby on Unsplash

Introduction

We’ve talked about Protection products a lot recently. One product that we think is crucial, but is often overlooked, is Income Protection.

This protection is particularly important for people who are self-employed or who are running their own business, but it is also important for all employees who are not covered by any company sick pay arrangement.

Whilst you can do all of the right things to strive for financial stability and success manage, such as setting a budget, making regular savings, and using our guidance to invest money and build wealth, long term illness or incapacity can wipe out all of your good work, and post a threat to your financial future.

This is where income protection insurance, often referred to as Permanent Health Insurance (PHI), comes into play. In this blog post, we’ll explore the invaluable benefits of income protection insurance and why it is a crucial component of a comprehensive financial plan.

Understanding Income Protection Insurance

Income protection insurance is a financial safety net, designed to replace a portion of your income if you are unable to work due to illness or injury. Unlike critical illness insurance, which pays out only on the diagnosis of specific illnesses, income protection applies more broadly, and provides a regular income stream during the period of incapacity, ensuring you can maintain your financial commitments.

Key Benefits of Income Protection Insurance

1) Financial Security in Times of Crisis

Life is unpredictable, and health issues can strike when least expected. Income protection insurance offers a reliable source of income if you’re unable to work due to an accident or illness, providing financial stability when you need it most.

2) Flexible Coverage Options

Policies are customizable to suit your individual needs. You can choose the waiting period before benefits kick in and the length of time you’ll receive payments. This flexibility allows you to tailor the policy to fit your unique circumstances and budget.

3) Protection Against Loss of Earnings

Your ability to earn an income is one of your most valuable assets. Income protection insurance ensures that you continue to receive a regular income, allowing you to meet your financial obligations such as mortgage payments, bills, and other living expenses even if you’re unable to work.

4)Tax-Free Payments

In the UK, income protection insurance payments are typically tax-free. This means that the entire benefit amount goes directly to you, providing maximum financial support during challenging times without any tax implications.

5) Peace of Mind for Self-Employed Individuals

Self-employed individuals often lack the safety net of sick pay provided by employers. Income protection insurance is particularly crucial for those who run their own businesses, offering peace of mind and financial protection when they are unable to work.

6) Long-Term Support

Income protection insurance is designed to provide support for an extended period, allowing you to focus on your recovery without the added stress of financial strain. This long-term assistance ensures that you can maintain your lifestyle and cover ongoing expenses during a prolonged absence from work.

Conclusion

Income Protection is, like all other insurances, something that you hope you never need to claim on.

We always review our client’s protection arrangements when we first start working with them. Clients rarely contact us to discuss protection – they are usually excited to put a financial plan together, to build savings for future, and to invest sustainably.  

However, we need to pay attention to life’s “what ifs”. If the right protection isn’t in place, the whole financial plan could crumble.

These policies provide peace of mind, security, and a lifeline during challenging times, ensuring that you can weather the storm without compromising your financial stability.

At Principled, we encourage everyone of working age to explore the benefits of income protection insurance, and consider incorporating it into their comprehensive financial plan. Please get in touch with us if you’d like to find out more.

You can find more about how we charge for advice on these products here: Fee based protection services offered by Principled – Principled (principledfinancialservices.co.uk)

Image by Freepik

Introduction

Many people do not realise that we provide advice on financial protection products, such as:

• Term assurance (short term life insurance)
• Critical illness cover
• Income Protection
• Whole of life insurance

Principled are holistic financial planners. That means we look after every aspect of your finances.

It’s never enjoyable to discuss illness, incapacity, or even an early death. However, it’s so important to consider these eventualities, particularly if you have a family, or a mortgage, or if you are running your own business.

Unlike standalone life insurance brokers, we are holistic financial planners. Before recommending any protection products to our financial planning clients, we consider all of your assets, liabilities, and your future plans, before we recommend any cover for you.

If you do not need any extra financial protection, we’ll tell you.

If you don’t need any cover, we won’t try to sell you any.

We do not earn our money by commission, so we have no incentive to “sell” protection products when they are not needed. After all – no one wants to pay unnecessary insurance premiums. 

Can advisers receive commission?

Most financial advisers choose to receive commission when recommending a protection product.

In the bad old days, financial advisers were paid by commission from the providers of all the products they recommended.

However, in 2012, new rules came into force which banned commission from most investment products.

Whilst this worried many financial advisers at the time, with hindsight few people would argue that banning commission was a bad thing. This, along with other reforms introduced in 2012, have served to improve standards, increase consumer confidence, and has driven growth in financial planning as a true profession.

The new rules however did not apply to non-investment products, such as life insurance, critical illness cover, and income protection.

What is the difference between commission and fees?

Be cause the new rules did not apply to these products, many firms continue to take commission rather than charge a fee, when advising on protection.

We can certainly see the attraction in doing this. A fee is paid directly by the client, and so the client has to agree to the fee. Commission, however, is paid to the adviser by the product provider, and so the client does not need to agree to this.

However, Principled prefer to charge fees for protection work. The only reason we do this – we think it is much fairer to the client.

We could certainly make more money by taking commission, but that’s not what we are about at Principled. The clue is in the name!

The commission paid to advisers is based on a number of factors, but mostly, it is based on the size of the monthly premium for the policy. So, the more you pay each month for your policy, the more commission for the adviser.

To us, this feels like a conflict of interest.

Different product providers calculate their commission in different ways, which can mean that for two similar policies from different providers, one may be offering significantly more commission than another.

This is another reason why we feel that commission creates a conflict of interest.

Furthermore, if we are recommending a life policy, the amount of work we need to do to research, recommend, and implement a policy is very likely to be the same, regardless of whether your premium is £25 a month, £50 a month, or even higher. We therefore think our remuneration should be the same, too.

Benefits of paying a fee

There are various benefits of paying fees for the advice you receive, rather than allowing your adviser to receive commission.

Firstly, you know that none of the conflicts of interest will be present in the adviser’s decision.

Secondly, paying a fee up front is likely to save you money over the long term.

When advisers receive commission, the policy providers are not giving this money away from the goodness of their hearts!

When a provider has paid commission, the provider then increases your monthly premium in order to claw back the money over time.  

These higher premiums often leave you paying thousands of pounds more over the policy term, compared to paying the fee upfront, and then benefitting from reduced monthly premiums.

Example of how paying a fee saves you money

We recently obtained quotes for income protection for one of our clients. The exact same policy was offered at £52.36 a month with the adviser receiving commission of £1,232 initially, with another £263 paid over the course of the policy.   

Alternatively, we could have recommended this policy with a premium of £39.79 per month, with us receiving nil commission.

If we were to take commission, the client would need to pay an extra:

• £12.57 a month, which is:
• £150.84 a year, which equated to:
• £3,129.93 over the policy term

At the time, our fee for this work would have been £750.

Therefore, paying a one off fee of £750, would save you £3,129.39 in premiums, if you help the policy for the full term.

Summary

We hope you now understand why we charge fees for our advice on protection products. It’s not because we can make more money this way, we actually lose out by doing this. However, we do this because we feel it is right.

At Principled, we are driven by our values. We prioritise what is best for our clients, rather than looking to earn a quick buck at the client’s expense.

We’ll post more about the types of protection products we advise on over the coming weeks.

In the mean time, if you have any questions about life insurance, financial protection, or anything else mentioned in this blog, please contact us using hello@principled.eco.

Introduction

Many people believe that working hard and saving is a guaranteed path to financial success. Whilst following this plan is a good start, there are many other tactics available to give people a better chance of meeting their goals.

However, many individuals are often unaware of the tools available to help them manage their finances more effectively. Using these tools could mean that perhaps the person doesn’t need to work quite so hard, for as long as they expected. Or perhaps it could mean that they didn’t have to save as much as they thought they did, allowing them to enjoy their working life.

This is where the invaluable support of a financial planner comes into play. A financial planner can be a trusted adviser who guides you through various financial decisions and helps you chart a course towards a secure and prosperous future. In this blog, we will explore the numerous benefits of utilising a financial planner’s expertise.

Understanding Your Financial Goals and Aspirations

One of the primary advantages of working with a financial planner is the opportunity to gain a clear understanding of your financial goals and aspirations. The planner will sit down with you and analyse your current financial situation, including income, expenses, assets, and debts. By examining your unique circumstances, they can tailor a personalised financial plan that aligns with your objectives, whether it’s saving for retirement, buying a property, or funding your child’s education.

Creating a Comprehensive Financial Plan

A financial planner’s expertise lies in crafting comprehensive financial plans that take into account all aspects of your life. They will assess your risk tolerance, time horizon, and financial capacity to develop a strategy that suits your specific needs. This plan will serve as a roadmap, outlining the steps required to achieve your financial goals while maintaining financial stability along the way.

Investing sensibly, in line with your risk and ethical preferences

Investing wisely is critical to growing your wealth over time. However, the financial markets can be volatile and confusing. A financial planner possesses the knowledge and experience to design an investment portfolio tailored to your risk appetite and financial objectives. They will regularly review and rebalance your investments, ensuring they remain aligned with your changing circumstances and the ever-evolving market conditions.

Optimising Tax Efficiency

Despite HMRC’s previous mantra that “Tax doesn’t need to be taxing”, the UK the tax system is complex. A failure to understand the tax rules, allowances, and exemptions can mean that much of your hard earned income or savings can end up resting with HMRC unnecessarily, rather than being used to provide for you and your family. A financial planner can help you navigate this complexity, devising strategies to minimise your tax liabilities and make the most of available tax-saving opportunities. By optimising your tax efficiency, you can potentially retain more of your hard-earned money and direct it towards your long-term financial goals.

Retirement Planning and Pension Advice

With the UK’s shifting pension landscape, planning for retirement has become increasingly complex. A financial planner can guide you through the various pension options available, including workplace pensions, personal pensions, and self-invested personal pensions (SIPPs). They will help you determine the right contribution amounts and investment choices to secure a comfortable retirement and ensure you don’t outlive your savings.

Risk Management and Insurance

Life is full of uncertainties, and it’s crucial to have a safety net in place. A financial planner can conduct a thorough risk assessment to identify potential threats to your financial security. This includes health risks, life insurance needs, and protection against unexpected events such as disability or critical illness. By having the appropriate insurance coverage, you can safeguard your family’s future against unforeseen circumstances.

Estate Planning and Inheritance Advice

Estate planning is often overlooked but is a critical aspect of financial management. A financial planner can work with you to create an estate plan that ensures your assets are distributed according to your wishes, minimises inheritance tax liabilities, and provides for your loved ones after you pass away. This not only offers peace of mind but also ensures that your legacy continues to benefit future generations.

Behavioural Coaching and Discipline

Staying disciplined and focused on your financial goals can be challenging, especially during times of market volatility or life transitions. A financial planner acts as a behavioural coach, guiding you to make rational financial decisions and avoid emotional impulses that could harm your long-term financial objectives. Their expertise helps you stay on track and maintain financial discipline, increasing the likelihood of achieving your financial aspirations.

Review and Adaptation

Financial planning is not a one-time event but an ongoing process. As your life circumstances change, so will your financial needs and goals. A financial planner will conduct periodic reviews of your plan, taking into account changes in your income, family situation, or economic environment. This adaptability ensures that your financial plan remains relevant and effective throughout your journey.

Conclusion

In conclusion, a financial planner can play a pivotal role in securing your financial future. Their expertise goes beyond just managing investments; they provide comprehensive financial guidance, tailored to your unique circumstances and aspirations. From setting achievable goals to navigating the complexities of the tax system and creating a robust retirement plan, a financial planner empowers you to make informed decisions, enhances your financial well-being, and enables you to build a financially secure future for yourself and your loved ones. Investing in the services of a financial planner is not an expense, but rather a valuable investment in your own financial success and peace of mind.

Introduction

As we explained last week, we hope to bring you a technical blog on a weekly basis.

We’re starting the series off with an explanation of the humble ISA, which we’ve done in a Q&A format below.

Most of us have heard of ISAs, but how many of us know what they actually are, and what makes them special?

What does ISA stand for?

“ISA” is an abbreviation of “Individual Savings Account”. Despite the uninspiring name, ISAs have an important part to play in many people’s finances.

What is the difference between an ISA and a savings account?

When you earn interest on your cash savings, this is potentially liable to income tax. However, interest earned in a cash ISA is tax free.

Is an ISA just a special type of bank account?

There are different types of ISAs. The one that most people are aware of is the cash ISA, and yes, this looks just like a normal savings account.

You also have stocks and shares ISAs, which can be used to hold either investments or cash. The main benefit of holding investments in a stock and shares ISA is that if your investments grow in value, the growth is not subject to capital gains, and the income produced by these investments is not subject to income tax.

We’ll do a separate blog outlining how investments grow in value and how they produce income.

If instead you hold investments in a general investment account (you can think of this as the investment version of a standard savings account) then any income from, or growth in, the investments is potentially liable to income tax and capital gains tax.

How much can I put into an ISA?

£20,000 each year.

The ISA allowance increased dramatically under the Conservative Government of David Cameron. Chancellor George Osborne was a big fan of ISAs, inventing at least three new ISAs, and increasing the allowance substantially during his term in office. When he became Chancellor, the annual ISA allowance was £10,200, but by the time he left 6 years later the wheels were in motion to raise the allowance to £20,000 a year. It has remained at this level ever since.

What are the other types of ISAs?

As noted above, there are cash ISAs and stocks and shares ISAs.

In December 2015, Help to Buy ISAs were launched, but in April 2017 they were replaced by Lifetime ISAs (LISAs). Innovative Finance ISAs were launched in between, in 2016.

If you’re keen to read more about these types of ISAs, the Money Saving Expert website is generally a good place to start:

LISAs: https://www.moneysavingexpert.com/savings/lifetime-isas/

Innovative Finance: https://www.moneysavingexpert.com/savings/peer-to-peer-lending/

You also get AIM ISAs, which is a special type of stocks and shares ISA that is used for holding shares in companies listed on the Alternative Investment Market (AIM) (https://www.londonstockexchange.com/raise-finance/equity/aim)

How long have ISAs existed?

24 years!

It may seem like ISAs have been around forever, but compared to other tax wrappers such as pensions, they are relatively new, being introduced in April 1999. They replaced both PEPs (Personal Equity Plans) and TESSAs (Tax Exempt Special Savings Accounts).

Should in invest in an ISA?

Investing in ISAs has benefits and drawbacks. The main benefit is the tax free status of the income and the growth on the money within the ISA. Some drawbacks are that you do not get any tax relief on the contributions, there is a cap on how much you can add each year, and in most cases the money you put into an ISA will be part of your estate for inheritance tax. As always, if you are considering investing in an ISA, we recommend that you get professional advice.

If you’ve got any other questions about ISAs, please send them to us using hello@principled.eco. Likewise, if there is any other topic you’d like us to blog about, please send through your suggestion.

Introduction

I often describe Principled as a financial adviser in Durham. What I’d really like to say is that Principled are a firm of Financial Planners in Durham. However, I realise that whilst most people are comfortable with the term “financial adviser”, less people are familiar with the term “Financial Planner”, and even fewer understand the difference between the two.

This blog will attempt to contrasting and comparing the traditional Financial Adviser vs. a modern Financial Planner. Hopefully it will explain why at Principled, we feel that financial planning is superior to the traditional financial advice.

We may look the same, but we’re very different!

Perhaps it’s like beer. If you don’t drink beer, or perhaps you had one beer and you didn’t like it, then you probably think that all beer is just beer, and you probably think it’s all rather unpleasant.

If you’ve never had financial advice before, or you had one experience with a basic financial adviser, you probably think all financial advisers are the same (and perhaps you think they are all rather unpleasant too!)

However, the beer afficionado knows the difference between the premium craft beer, the average beer that is pretending to be a premium craft beer, and the generic, packed-with-additives, mass produced swill.

Likewise, the financial professionals know the difference between a high quality financial planning firm, and the other firms who masquerade as high quality firms, but still just want to sell you products and build up their “assets under management”.

Sadly, we also know the firms who align more to the “generic, mass produced swill” description.

Unfortunately, many of the lower quality firms charge the same, or sometimes even more, than the high quality firms, despite offering a much reduced service.

In this blog post, we will explore the key differences between a traditional financial adviser and a modern financial planner. Understanding these distinctions will make it easier for you make an informed decision when you are choosing a firm to partner with, whether you are looking for a pension review, investment planning, pension transfer advice, final salary pension advice, tax planning, life assurance, or anything else finance related.

Traditional Financial Adviser

In the past, financial advisers primarily focused on investment management. They provided recommendations on buying and selling investments, bonds, pensions, life assurance, and other financial products. While investment advice remains a component of their services, traditional financial advisers often operate within a limited scope, primarily centred around market performance and product selection. Their charging structure is often based on the old commission model, meaning they earn a fee based on a percentage of the value of the product they have sold you. The bigger the value of the investment they sell, the more they earn, regardless of whether this is in your best interest.

Modern Financial Planner

In contrast, modern financial planners take a holistic and comprehensive approach to financial management. They consider all aspects of your financial life, including budgeting, savings, investments, tax planning, insurance, estate planning, and retirement strategy. A modern financial planner strives to understand your unique circumstances, goals, and values to develop a tailored financial plan that addresses your specific needs.

Key Differences:

Scope: While traditional financial advisers mainly focus on investment management, modern financial planners offer a broader range of services. They emphasize comprehensive financial planning, taking into account multiple areas of your financial life to create a cohesive and integrated strategy.

Client-Centric: Modern financial planners prioritise their clients’ best interests above all else. They go deeper, to understand what is really important to their clients, and build financial plans to help people achieve their ambitions. Traditional financial advisers simply ensure a product is suitable based on a much narrower band of criteria.

Fee Structure: Traditional financial advisers typically earn commissions or fees based on the products they sell, which may create potential conflicts of interest. In contrast, modern financial planners often employ a fixed fee structure. This means they charge a transparent fee based on their time, expertise, and the complexity of the services provided. This fee structure aligns their interests with yours and minimizes potential biases in their recommendations.

Holistic Approach: Modern financial planners understand that financial decisions are interconnected. They consider your entire financial picture when crafting a plan, incorporating various aspects like risk management, tax optimisation, retirement planning, estate planning, and more. This is typically brought together using cashflow modelling software. This comprehensive approach ensures that all elements of your financial life work in harmony to achieve your goals.

Conclusion

As the financial landscape evolves, the role of a traditional financial adviser has expanded into that of a modern financial planner. While both can provide valuable assistance, modern financial planners offer a broader range of services, a client-centric approach, a transparent fee structure, and a comprehensive perspective on financial planning. Their fees are often the same, or sometimes lower, than a traditional financial adviser, which often makes choosing a true modern financial planner a no brainer.

By understanding the differences between these roles, you can make an informed decision about which type of professional best aligns with your financial needs and aspirations.

We’ll follow up with more in-depth blogs about how financial planning can benefit you, but if you are looking for a financial adviser in Durham, or you’d like to find out more, please get in touch with us using hello@principled.eco.

New blog series

We are excited to launch our blog series, designed to help individuals in County Durham, the North East, and beyond, gain a better understanding of the importance of financial planning and equip people with the knowledge and tools to make informed decisions about their financial future.

We’ll provide a series of blogs around personal financial planning alongside and a separate series of blogs about technical aspects of financial planning and financial services generally.

Personal financial planning, and technical blogs

With the financial planning blogs, we’ll explain what financial planning actually means, and we’ll show you how undertaking financial planning can improve your life. By reading these blogs, we’ll hope you understand how Principled differ to the other more basic or old-fashioned providers of financial advice.

With the technical blogs, we’ll cover a whole range of subjects. We’ll explore investments, tax, pensions advice, and outline any pertinent changes to legislation following events such as the annual budget announcement. We understand that these topics may seem a little drab to many people, but we’ll do our best to make them easy to ready and relevant.

We’re different!

We want you to understand how modern financial planners such as Principled are different to traditional financial advisers, and we want you to understand how financial planning can benefit you and your family. We also want to provide you with information to help you better understand your own finances. Where possible we’ll provide actionable points to help you review, and make the most of, your own financial position.

Financial planning is not just about the numbers; it’s about creating a life that is aligned to your values, and it is about securing your future and achieving peace of mind.

Join us at Principled as we unlock the secrets to financial success, one blog post at a time!

The information provided in our blogs is for educational purposes only and should not be considered as financial advice. It is always recommended to consult with a qualified financial professional regarding your specific financial situation.

Authorisation complete!

We have some exciting news to share with you! Principled has this week received authorisation from the Financial Conduct Authority (FCA), which means we are now able to begin offering regulated financial advice.

In starting the business, we could have taken the easier and quicker route of joining a network. This would have allowed us to be up and running very quickly. However, we took the tough route in becoming “directly authorised” by the FCA. We felt that this incredibly was important as we wanted to be completely independent, we want to provide our service in the way that we think is best, and we wanted to make sure our destiny was entirely in our own hands.

Achieving authorisation is a significant milestone for our company, but we have a long way to go. We are an ambitious firm who wants to be a leader in the financial planning profession, being recognised for the excellent service we provide for clients, whilst also being a pioneer for our investment style, and our charging structure.

We’ll tell you more about these goals over the coming weeks and months, but needless to say, we think we have a great offering, and we believe our charging structure is far more equitable than the out dated charging methods employed by most financial advisers.

New website

In conjunction with the authorisation, we are thrilled to announce that our new website is now live. The new site is designed to make it easy for existing clients and the general public to access information about our services, team, and approach to financial planning. The website is also optimised for mobile devices, ensuring that clients can access our services on the go. We plan on adding more interesting and useful content to this over time.

Our team is dedicated to helping clients achieve their financial goals, whether it’s saving for retirement, building wealth, or protecting their assets. With the FCA authorisation finally complete, and our new website now live, we are in a great position to provide our clients with the support and guidance they need to make informed financial decisions.

We invite you to explore our new website and get in touch with us to learn more about our services. Thank you for your ongoing support, and we look forward to continuing to serve you in the years to come.